TAG Immobilien AG (DE:TEG)
XETRA:TEG
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T Immobilien
(XETRA:TEG)
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Rating:56Neutral
Price Target:
€15.50
▲(16.19% Upside)
Action:ReiteratedDate:03/20/26
The score is supported most by solid and consistent cash generation and a profitability recovery, but is held back by meaningful leverage and high earnings volatility. Technical indicators are notably weak (below key moving averages with negative MACD), and valuation is only fair given the higher P/E despite a ~3% dividend yield.
Positive Factors
Consistent cash generation
Sustained positive operating and free cash flow, including a material step-up in 2025, provides durable internal funding for maintenance, investment and debt servicing. This cash generation reduces reliance on external financing and supports strategic flexibility over the next several quarters.
Negative Factors
Meaningful leverage
Debt levels near or above parity with equity and rising total debt increase interest expense sensitivity and constrain strategic options. With meaningful leverage, earnings volatility or rate increases can quickly strain cash available for investments or distributions and limit flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent cash generation
Sustained positive operating and free cash flow, including a material step-up in 2025, provides durable internal funding for maintenance, investment and debt servicing. This cash generation reduces reliance on external financing and supports strategic flexibility over the next several quarters.
Read all positive factors
T Immobilien (TEG) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€2.82B
Dividend Yield3.08%
Average Volume (3M)374.68K
Price to Earnings (P/E)25.6
Beta (1Y)0.52
Revenue Growth-32.32%
EPS GrowthN/A
CountryDE
Employees1,440
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)-1.10
Shares Outstanding189,034,940
10 Day Avg. Volume369,461
30 Day Avg. Volume374,682
Financial Highlights & Ratios
PEG Ratio-0.96
Price to Book (P/B)0.73
Price to Sales (P/S)2.45
P/FCF Ratio11.08
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€18.16Price Target Upside36.13% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)1.02
Revenue Forecast (FY)€421.01M
T Immobilien Business Overview & Revenue Model
Company Description
TAG Immobilien AG, a real estate company, acquires, develops, and manages residential real estate properties in Germany. The company also rents commercial real estate properties, as well as operates serviced apartments. As of December 31, 2021, it...
How the Company Makes Money
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T Immobilien Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
56
Neutral
Cash Flow
74
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 973.90M | 1.08B | 1.33B | 954.90M | 612.07M |
| Gross Profit | 419.10M | 405.67M | 395.64M | 347.73M | 314.40M |
| EBITDA | 545.20M | 199.04M | -419.81M | 213.00M | 780.37M |
| Net Income | 93.38M | 121.12M | -396.92M | 113.09M | 570.46M |
Balance Sheet | |||||
| Total Assets | 9.05B | 7.75B | 7.30B | 8.21B | 7.09B |
| Cash, Cash Equivalents and Short-Term Investments | 1.20B | 603.46M | 128.60M | 240.49M | 96.45M |
| Total Debt | 4.33B | 3.76B | 3.32B | 3.82B | 3.09B |
| Total Liabilities | 5.72B | 4.65B | 4.34B | 4.91B | 3.96B |
| Stockholders Equity | 3.26B | 3.02B | 2.89B | 3.20B | 3.04B |
Cash Flow | |||||
| Free Cash Flow | 215.49M | 130.49M | 284.78M | 124.92M | 152.35M |
| Operating Cash Flow | 231.10M | 142.03M | 291.94M | 133.56M | 164.03M |
| Investing Cash Flow | -368.56M | -83.99M | 117.89M | -561.23M | -272.22M |
| Financing Cash Flow | 732.21M | 414.08M | -529.40M | 573.51M | -119.30M |
T Immobilien Technical Analysis
Positive
13.34
Price Trends
14.68
Positive
14.23
Positive
14.46
Positive
Market Momentum
0.03
Negative
57.66
Neutral
94.37
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:TEG, the sentiment is Positive. The current price of 13.34 is below the 20-day moving average (MA) of 13.69, below the 50-day MA of 14.68, and below the 200-day MA of 14.46, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 57.66 is Neutral, neither overbought nor oversold. The STOCH value of 94.37 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:TEG.
T Immobilien Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | €1.67B | 3.69 | 11.82% | ― | 0.44% | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
63 Neutral | €4.52B | 3.20 | 18.02% | 4.45% | 6.91% | ― | |
58 Neutral | €2.76B | 4.09 | 7.69% | ― | -1.35% | ― | |
56 Neutral | €2.82B | 25.57 | 2.89% | 3.08% | -32.32% | ― | |
52 Neutral | €19.62B | 5.49 | 14.53% | 5.08% | 22.80% | ― | |
49 Neutral | €6.24B | 23.97 | 4.04% | ― | -9.44% | 96.54% |
* Real Estate Sector Average
DE:TEG
T Immobilien
14.86
1.29
9.48%
DE:LEG
LEG Immobilien
60.25
-11.16
-15.62%
DE:VNA
Vonovia
23.09
-3.96
-14.65%
DE:AT1
Aroundtown SA
2.49
-0.27
-9.70%
DE:GYC
Grand City Properties SA
9.87
-0.83
-7.76%
DE:O5G
CPI PROPERTY GROUP S.A.
0.72
-0.10
-12.20%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.